June 11, 2021

Ganfeng Lithium exercises participation right in Sal de la Puna

Top lithium producer also said it would sell $630m of shares to fund expansion overseas.

June 11, 2021

Peru copper output at risk as leftist Castillo leads in presidential election

With 99.6% of the ballots counted, the candidate that wants up to 70% of miners' profits emerges as the yet-to-be-declared President elect.

June 10, 2021

Samarco offers creditors shares or 85% haircut – sources

The collapse of a dam at the Samarco mine complex in 2015 killed 19 people and severely polluted the Doce River with mining waste.

June 10, 2021

‘People have awakened’: Peru’s Castillo closes in on election win

Socialist Pedro Castillo was closing in on victory in Peru's presidential election on Thursday, holding a slim lead of some 63,000 votes over conservative rival Keiko Fujimori.

June 10, 2021

CHART: Top miners leave money on the table amid copper price rally

Copper output from biggest producers disappoints with one glaring exception – Freeport McMoRan going underground at Grasberg.

June 10, 2021

Vale ordered to pay $26 million to families of Brumadinho victims

The disaster killed 270 people but the court action only benefits the families of 131 workers directly hired by Vale.

June 10, 2021

Albemarle to boost extraction in search for green growth

The US company is introducing a way of extracting more of the lithium that’s normally captured in salts, thereby lifting yields to 80-85% from 50-55%.

June 10, 2021

Copper riches are in cross-hairs of Chile presidential hopeful

Daniel Jadue, the current front-runner in polls for November’s elections in Chile, wants to align mining rules with Peru, Argentina and Bolivia so they don’t compete for investments.

June 10, 2021

Nature-related financial risk opens new can of worms for miners

Verisk Maplecroft believes that funds and international creditors have an opportunity to drive conservation improvements by tying finance to ESG milestones.

June 9, 2021

Vale’s decomissioned Brazil dam at risk of collapse, labor body says

Engineers and technicians told the auditors that the tailings at Xingu had not been properly drained.